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Economic Policy Issues of the New Economy

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Key Metrics

  • Horst Siebert
  • Springer
  • Hardcover
  • 9783540436980
  • 9.21 X 6.14 X 0.63 inches
  • 1.23 pounds
  • Business & Economics > Development - Economic Development
  • English
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Book Description

This volume addresses trends, causes, and consequences of the new economy in micro- and macroeconomic terms. Modern information and communications technologies increase the efficiency of traditional activities and pave the way for creating new activities and products. How will market participants cope with the challenges of the new economy and which role will governments play in a dramatically changing world?
The book presents a thorough analysis of the effects of new technologies and products on overall productivity and on goods markets, labor markets, and financial markets. It also deals with the implications of the new economy for the welfare state and discusses the issue of whether there is a need for new regulatory devices, in particular in the field of international trade in goods and services.
Economic Policy Issues of the New Economy

Author Bio

After studying in Cologne and at Wesleyan University in Connecticut, doctorate (1965) and habilitation (1969) in Münster, he was called to the Universities of Mannheim (1969) and Constance (1984). In 1989, Siebert moved to the Christian-Albrechts-University of Kiel and succeeded Herbert Giersch as President of the Kiel Institute. He was also a member of the German Council of Economic Experts for a large part of his term of office (1990 - 2003).

Siebert introduced environmental economic research at the Kiel Institute and focused on systemic ruptures in Germany and the world after 1989. He focused the Institute's research and consulting on institution-building in post-socialist societies, on the connections between monetary stabilization, real economic adjustment and institutional incentives, and international debt crises. Siebert was in great demand as a consultant in international bodies (EU, IMF, World Economic Forum). He made an impact on the public interested in economic policy through numerous publications and media appearances, in which he warned of undesirable developments on labor markets and the dangers of false incentives in the economy.

After his retirement, Siebert remained active in research and consulting and taught at the Bologna Center of the Paul H. Nitze School for Advanced Studies. Numerous textbooks, among others on foreign trade and environmental economics, established his reputation as an outstanding teacher.

 

Source: ifw-keil Institute for the World Economy 

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